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Commercial Building with Acreage 424 Highway A 12 30,000 SF 100% Leased Retail Building Grenada, CA 96038 $4,746,128 CAD ($158.20 CAD/SF)
INVESTMENT HIGHLIGHTS
- The subject property sits on an expansive 6.5-acre site with easy access to Interstate 5 (North/ South).
- There are large fueling facilities adjacent to the property, a travelers center could be the property's next best repurposing.
- It is possible to split the parcel and utilize multiple purposes.
- As a former senior care living facility, the interior is build-out with 56 private rooms, as well as a large commercial kitchen.
EXECUTIVE SUMMARY
Seller will consider long-term lease.
424 Highway A 12 presents a premier and flexible commercial building with plentiful acreage and the potential as a travel center in northern California, along Interstate 5 just south of Yreka. Most recently, the building was a senior care facility known as Grenada Gardens.
Originally built in the early 80s as a motel, restaurant, and lounge, this property has had several remodels. Today, nearly 2/3 of the 30,000-square-foot structure boasts a beautiful grand entry, a large dining facility, a day spa, a theater area, offices, meeting rooms, 28 fully remodeled motel rooms, and 28 motel rooms that have not been reconditioned.
The site consists of 6.5 acres, commercially zoned and all-level ground at an interchange with fuel facilities on both sides of Interstate 5. The owner has completed a portion at the front that would accommodate a cafe/coffee house, a convenience store, and a barber/beauty shop. The large commercial kitchen connects to these spaces. Open space would suit mini storage, RV parking/storage, and large rig parking.
Approximately 7 miles south of Yreka, this location would be a terrific full-service Travel Center. It has become a popular pull-off for truck drivers who utilize the parking areas at the neighboring fuel facility.
424 Highway A 12 presents a premier and flexible commercial building with plentiful acreage and the potential as a travel center in northern California, along Interstate 5 just south of Yreka. Most recently, the building was a senior care facility known as Grenada Gardens.
Originally built in the early 80s as a motel, restaurant, and lounge, this property has had several remodels. Today, nearly 2/3 of the 30,000-square-foot structure boasts a beautiful grand entry, a large dining facility, a day spa, a theater area, offices, meeting rooms, 28 fully remodeled motel rooms, and 28 motel rooms that have not been reconditioned.
The site consists of 6.5 acres, commercially zoned and all-level ground at an interchange with fuel facilities on both sides of Interstate 5. The owner has completed a portion at the front that would accommodate a cafe/coffee house, a convenience store, and a barber/beauty shop. The large commercial kitchen connects to these spaces. Open space would suit mini storage, RV parking/storage, and large rig parking.
Approximately 7 miles south of Yreka, this location would be a terrific full-service Travel Center. It has become a popular pull-off for truck drivers who utilize the parking areas at the neighboring fuel facility.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Truck Stop
Building Size
30,000 SF
Building Class
B
Construction Status
Proposed
Price
$4,746,128 CAD
Price Per SF
$158.20 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
6.55 AC
Zoning
C - Commercial
Frontage
503’ on Shasta Boulevard
PROPERTY TAXES
| Parcel Number | 038-410-121 | Improvements Assessment | $1,190,712 CAD |
| Land Assessment | $573,150 CAD | Total Assessment | $1,763,861 CAD |
PROPERTY TAXES
Parcel Number
038-410-121
Land Assessment
$573,150 CAD
Improvements Assessment
$1,190,712 CAD
Total Assessment
$1,763,861 CAD
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Commercial Building with Acreage | 424 Highway A 12
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